Indonesia Diabetes Care Device Market to Grow with a CAGR of 5.02%through 2028
Rising
prevalence of diabetes is expected to drive the Indonesia Diabetes Care Device
Market in the forecast period 2024-2028.
According
to TechSci Research report, “Indonesia Diabetes Care Device Market –Industry
Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, the Indonesia
Diabetes Care Device Market stood at USD 123.01 Million and is anticipated
to grow at CAGR of 5.02% during the forecast period Indonesia has one of the
highest diabetes prevalence rates in Southeast Asia, with millions of people
affected. The growing incidence of diabetes fuels the demand for diabetes care
devices. Increasing awareness about diabetes and its complications has led to
higher adoption of monitoring devices, as individuals seek better control of
their condition. Ongoing technological advancements have resulted in more
accurate and user-friendly diabetes care devices, improving patient compliance
and outcomes. The Indonesian government has initiated public health campaigns
and programs to raise awareness about diabetes and improve access to diabetes
care devices, especially for underserved populations. Urbanization and changing
lifestyles have contributed to unhealthy dietary habits and sedentary behavior,
increasing the risk of diabetes and the need for effective monitoring and
management. Improvements in healthcare infrastructure and access to healthcare
services have facilitated the diagnosis and treatment of diabetes, boosting
demand for care devices. The trend toward home healthcare services includes
diabetes management at home, with patients using devices for self-monitoring
and remote consultations with healthcare professionals.
Diabetes care is a comprehensive and lifelong
approach to managing diabetes, a chronic condition characterized by elevated
blood sugar levels. It involves a combination of self-monitoring, medication
management (including insulin therapy when necessary), a balanced diet, regular
physical activity, and ongoing education. Regular blood glucose monitoring
using devices like glucometers or continuous glucose monitors allows
individuals to track their sugar levels, enabling them to make informed
decisions about medication doses and lifestyle choices. Proper nutrition is
crucial, emphasizing balanced carbohydrate intake and portion control. Regular
exercise helps improve insulin sensitivity and overall health. Diabetes care
also includes routine check-ups with healthcare professionals to assess and
adjust treatment plans, manage complications, and provide ongoing education and
support. Successful diabetes care empowers individuals to maintain stable blood
sugar levels, prevent complications, and lead healthy, fulfilling lives while
embracing a holistic approach to their well-being.
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The Indonesia Diabetes Care Device Market is driven
by several compelling factors. First and foremost is the alarming rise in
diabetes prevalence within the country. Indonesia has one of the highest
diabetes rates in Southeast Asia, necessitating a growing demand for diabetes
care devices to monitor and manage the condition effectively. Increasing
awareness of diabetes and its complications among the population is another
driver, prompting greater adoption of these devices. Technological advancements
in diabetes care devices, such as more accurate and user-friendly blood glucose
monitors and insulin delivery systems, are enhancing patient experiences and outcomes.
Government initiatives aimed at improving diabetes care and increasing
accessibility to these devices play a pivotal role. The shifting lifestyles in
urban areas, characterized by sedentary habits and unhealthy diets, are
contributing to higher diabetes risk, leading to a greater need for monitoring
and management tools. Additionally, as the healthcare infrastructure continues
to develop, the availability and accessibility of diabetes care devices are
improving, further driving the market. These factors collectively underscore
the significance and growth potential of the Indonesia Diabetes Care Device
Market in addressing the country's diabetes epidemic.
The Indonesia Diabetes Care Device Market segmentation
is based on Monitoring Devices, Management Devices, Company, and Region.
Based on Monitoring Devices, the Indonesia Diabetes
Care Device Market can be segmented into Self-monitoring Blood
Glucose Devices, Continuous Blood Glucose
Monitoring. The Self-monitoring Blood Glucose Devices segment dominated the
market in 2022 and is expected to continue maintaining its dominance during the
forecast period. This can be ascribed due to their simplicity and
affordability. They offer convenient spot-checking of glucose levels, whereas
continuous monitoring requires more complex and costly systems. Self-monitoring
suits the needs of many individuals with diabetes, while continuous monitoring
is often reserved for specific cases, such as those with high hypoglycemia risk
or insulin pump users.
Based on Management Devices, the market can be
segmented into Insulin Pump, Insulin Syringe, Insulin Cartridges, Disposable
Pens. The Insulin Pump segment is expected to dominate the market during the
forecast period on account of its precision in insulin delivery, offering
continuous and customizable dosing, making it more effective for managing
diabetes, especially in Type 1 diabetes cases. Insulin Pumps reduce the need
for frequent injections and provide better glucose control, improving patient
convenience and overall quality of life.
Some
of the major companies operating in the Indonesia
Diabetes Care Device Market include:
- PT.
Becton, Dickinson Indonesia
- Medtronic
- Tandem
- Sanofi
- PT
Eli Lilly Indonesia
- PT
Abbott Indonesia
- Roche
- PT
Johnson & Johnson Indonesia
- Dexcom,
Inc.
- PT
Novo Nordisk Indonesia
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“The Indonesia Diabetes Care Device Market is driven
by several key factors. Firstly, the rising prevalence of diabetes in the
country, exacerbated by lifestyle changes and an aging population, fuels the
demand for diabetes care devices. Secondly, increasing awareness about diabetes
management and technological advancements in these devices encourage their
adoption. Thirdly, government initiatives, including awareness campaigns and
healthcare infrastructure development, promote access to diabetes care. Fourthly,
the integration of telehealth services and the development of wearable devices
enhance diabetes care accessibility and convenience. Finally, the focus on
personalized treatment plans and the need for preventive measures contribute to
the market's growth, emphasizing the importance of diabetes care devices in
improving overall health outcomes " said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based United States management
consulting firm.
“Indonesia
Diabetes Care Device Market, Segmented By Monitoring Devices (Self-monitoring
Blood Glucose Devices {Glucometer Devices, Test Strips, Lancet}, Continuous
Blood Glucose Monitoring {Sensor, Durables}), By Management Devices (Insulin
Pump {Insulin Pump Device, Insulin Pump Reservoir, Infusion Set}, Insulin
Syringe, Insulin Cartridges, Disposable Pens), By Region, Competition, Forecast
& Opportunities, 2028”, has evaluated the future growth potential
of Indonesia Diabetes Care Device Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide innovative market intelligence and help decision makers take
sound investment decisions. Besides, the report also identifies and analyzes
the emerging trends along with essential drivers, challenges, and opportunities
in Indonesia Diabetes Care Device Market.
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